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Taking Your Trading International: Risks and Rewards

Posted by By 23/12/2022Posted inForex
Resurgent inflation and a rethink of globalization will bring both challenges and opportunities for traders looking across borders for opportunities.
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Japanese Yen Slips on CPI Data but Bigger Storms Might be Brewing. Where to for USD/JPY?

Posted by By 23/12/2022Posted inForex
The Japanese Yen is once again coming under scrutiny today after inflation data reveals the rationale for the Bank of Japan tilting toward a more hawkish stance earlier this week.
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Gold Price, Dow Jones, US Dollar in Focus after Supportive US GDP Revisions

Posted by By 23/12/2022Posted inForex
Gold prices and the Dow Jones sank as the US Dollar rallied. Supportive US GDP revisions bolstered hawkish Fed policy bets. Markets are vulnerable to thin trading conditions.
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Will EURUSD Earn a Break with NZDUSD Sliding and S&P 500 Swinging?

Posted by By 22/12/2022Posted inForex
We have seen some remarkable volatility from the markets heading into a known liquidity drain with the holiday weekend dead ahead. The volatility and breaks that we have seen from…
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Stocks Slide into Support, PCE, Consumer Sentiment on Deck

Posted by By 22/12/2022Posted inForex
A strong final reading of Q3 GDP gave bears some room to work today, but the S&P and the Dow put in strong bounces from key supports.
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S&P 500 Tumble Pressures Important Support as Liquidity Makes for Sloppy Conditions

Posted by By 22/12/2022Posted inForex
Risk off was in effect through Thursday trade and there was plenty of blame being foisted on rate forecasts and recession fears. Yet, the volatility is more likely a by-product…
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

Posted by By 22/12/2022Posted inForex
The USD has held support at a key spot of prior resistance for more than week now, but can bulls evoke a push ahead of the holiday weekend with PCE…
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Crude Oil Forecast: WTI Breakout Extends on Chinese Optimism & Weaker USD

Posted by By 22/12/2022Posted inForex
WTI crude could pierce above the $80 per barrel level today should US GDP come in line or exceed forecasts.
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Gold (XAU/USD) Consolidates Near 1-Week High, Wedge Breakout Imminent?

Posted by By 22/12/2022Posted inForex
Spot gold’s rally saw it test 1-week highs before finding resistance at the top of the wedge pattern. Will we see a breakout or another retracement toward the 200-day MA?
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EUR/USD Forecast: ECB’s de Guindos’ Hawkish Sentiments Strengthens Euro

Posted by By 22/12/2022Posted inForex
EUR/USD remains elevated but at risk of fading upside ahead of U.S. GDP later today.
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